Eszter Racz

London

Reporter at Just-Drinks

Reporter at Just-Food

Journalist at @GlobalData Food and Drinks journalist at @just-food.com and https://t.co/HCsS2F49xf She/her

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Articles

Newlat Food has agreed to acquire a Diageo drinks plant in Italy

2 days ago | just-drinks.com | Eszter Racz

Italy-based Newlat Food has agreed to acquire a Diageo drinks plant in the country that had been earmarked for closure. What’s included in your subscription: Personalized Access: Secure login to Just Drinks Industry News & Expert Commentary: Timely updates and exclusive C-level interviews. Case Studies & Deep Dives: Real-world applications and in-depth analyses.
Thai Union lowers sales forecast due to US tariffs

6 days ago | just-food.com | Eszter Racz

Thai Union has lowered its annual sales forecast in the face of US tariffs imposed by President Trump. The seafood giant’s previous filings anticipated a 3-4% year-on-year sales growth, which the company has now changed to growth of 1-3%. The US administration has implemented a 10% baseline import tariff on all countries, although suspended it for 90 days, except for China. Thai Union said it is among the exporters directly impacted by the tariffs.
Bakkavor extends Greencore deadline in takeover talks

6 days ago | just-food.com | Eszter Racz

Bakkavor has further extended Greencore Group’s deadline to make an offer for its fellow UK convenience-foods maker. In early April, the two companies said their boards had “reached an agreement in principle” on a £1.2bn ($1.59bn) cash-and-shares offer from Greencore after Bakkavor rejected two takeover bids.
Allied Bakeries owner ABF confirms talks with Hovis backer Endless

1 week ago | just-food.com | Eszter Racz

Associated British Foods (ABF) is in discussions with private-equity firm Endless as the manufacturer weighs up the future of UK bread arm Allied Bakeries. In a brief statement on the ABF website, the UK group confirmed the two sides are in talks “regarding a potential transaction”. Last week, ABF, which has its origins in the UK bread sector, said it had put Allied Bakeries up for review amid a “very challenging market”.
BlueNalu expands partnership with NomadFood

1 week ago | just-food.com | Eszter Racz

US-based lab-grown seafood maker BlueNalu has expanded its strategic partnership with NomadFoods to bring its products to market in the UK and Europe. The two companies have been working together since 2021 to explore opportunities for bringing cell-cultivated seafood to selected markets in those regions.
LVMH’s Moët Hennessy ‘to lay off thousands of employees’

1 week ago | finance.yahoo.com | Eszter Racz

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Eszter Racz Fri, May 2, 2025, 7:26 AM 2 min read In This Article: LVMH's Moët Hennessy has reportedly planned to lay off thousands of its employees as the luxury category slows down.
Moët Hennessy to lay off 10% of employees

1 week ago | just-drinks.com | Eszter Racz

LVMH’s Moët Hennessy has reportedly planned to lay off 10% of its employees as the luxury category slows down. According to reports from La Lettre, which first broke the story, and the Financial Times, Moët Hennessy’s CEO Jean-Jacques Guiony and his deputy Alexandre Arnault told employees at LVMH’s wine-and-spirits division that it planned to reduce its staff to 2019 levels.
Moju co-founder Charlie Leet-Cook on trends in functional shots

1 week ago | just-drinks.com | Eszter Racz

UK functional juice shot maker Moju embarked on its first venture outside its home market earlier this year, launching into France through an exclusive, six-month listing with Carrefour. Carrefour will stock four SKUs, including two of Moju’s cold-pressed variants, ginger and turmeric, both available in a 420ml multi-shot ‘dosing bottle’ take-home format, and an on-the-go 60ml version.
Spain’s Baron de Ley invests in Ribera del Duero

2 weeks ago | just-drinks.com | Eszter Racz

Rioja wine group Barón de Ley has snapped up 300 hectares (741 acres) of land in the Ribera del Duero area of northern Spain. What’s included in your subscription: Personalized Access: Secure login to Just Drinks Industry News & Expert Commentary: Timely updates and exclusive C-level interviews. Case Studies & Deep Dives: Real-world applications and in-depth analyses.
Itochu sells C.P. Pokphand stake to Charoen Pokphand Group

3 weeks ago | just-food.com | Eszter Racz

Thailand’s food giant Charoen Pokphand Group is to buy the remaining shares in C.P. Pokphand to become the sole owner of the livestock, aquafeed and packaged-food group. Charoen Pokphand will acquire a 23.8% stake from Japan’s Itochu Corp., its fellow shareholder, for $1.1bn. Charoen Pokphand Group and Itochu teamed up in 2014 to work together in areas including procurement and product supply.